Property Overview

Property Facts

  • Price $1,600,000
  • Price Per Unit $400,000
  • Current CAP Rate 5.01%
  • Current GIM 13.28
  • Year Built 1964
  • Building Size (SF) 3,892
  • Lot Size (AC) 0.22
  • Address 2144 East Almont Avenue, Anaheim, CA 92806
  • APN 253-212-10
  • Property Type Multifamily

The Offering

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2144 East Almont Avenue, a well-located 4-unit multifamily property in southeast Anaheim. Built in 1964, the property totals 3,892 square feet and features a desirable 100% single-story layout that appeals to renters seeking privacy with no neighbors above or below. The unit mix consists of two 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and one spacious 3-bedroom/2-bathroom unit. The well-maintained property features new PEX Plumbing and a new water heater, both upgraded in 2025, while all units were fully renovated with new kitchens, bathrooms, flooring, and more in 2018. Each residence includes a private patio, and the community is further enhanced by on-site laundry, dual-pane windows, security doors, and five private garage spaces.

The property is positioned in a prime location just north of Anaheim’s Platinum Triangle, home to Angel Stadium, the Honda Center, and the ARTIC transportation hub, and within close proximity to the transformative OC Vibe development, a largescale entertainment and lifestyle destination that will redefine the area. Residents enjoy walkable access to Katella High School, James Guinn Elementary School, and Boysen Park, along with popular dining options such as In-N-Out Burger and Benihana. Easy access to State Route 57 connects tenants to major employment centers throughout Orange County, further solidifying the property’s long-term rental demand.

With its southeast Anaheim location, desirable single-story construction, well-maintained units, and rare private garages, 2144 East Almont Avenue represents a compelling opportunity for investors to acquire a stabilized asset in one of Orange County’s most dynamic growth corridors.

Investment Highlights

100% single-story layout with private patios, highly appealing to tenants seeking privacy and ease of living.

Two 1-bed/1-bath units, one 2-bed/1-bath unit, and one spacious 3-bed/2-bath unit, providing a diverse mix that appeals broadly to singles, couples, and families.

All units were completely renovated in 2018 with upgrades to kitchens, bathrooms, flooring, and more. Furthermore, ownership installed new PEX Plumbing and a new water heater in 2025.
The property offers five garages, on-site laundry, dual-pane windows, and security doors, providing both convenience and peace of mind for residents.

Positioned just north of the Platinum Triangle, home to Angel Stadium, Honda Center, and the ARTIC transit hub.

Near the transformative mixed-use development OC Vibe that will bring new entertainment, dining, and retail to Anaheim.

Team

Nick Kazemi

Nick Kazemi

Managing Director
CA 02008945
Tyler Leeson

Tyler Leeson

Executive Managing Director
CA 01451551